- What does ETCTX invest in?
- A minimum of 80% of this fund's net capital, including any funds borrowed to enhance investment capacity, is dedicated to municipal bonds. These securities are specifically chosen for their exemption from regular federal income tax and the particular state taxes detailed in the fund's stated objectives. Moreover, typically, at least 75% of the net assets are allocated to municipal debt that, at the time of acquisition, possesses an investment-grade rating or is assessed by the investment adviser as being of equivalent quality if unrated.
- What is the expense ratio of ETCTX?
- Eaton Vance CT Municipal Income A (ETCTX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
- What is ETCTX's dividend yield?
- ETCTX's trailing-twelve-month yield is 3.05%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of ETCTX?
- Effective duration measures ETCTX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ETCTX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of ETCTX?
- ETCTX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of ETCTX?
- Yield to maturity (YTM) is the total return you'd earn from ETCTX if every bond in the portfolio is held to maturity at the current price. ETCTX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
